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Author Topic: viabtc vs solo ck vs mining madness  (Read 226 times)
newbieshi (OP)
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December 14, 2025, 06:48:32 PM
Last edit: December 14, 2025, 08:53:25 PM by newbieshi
 #1

Hey,

viabtc luck rate is zigzaging from mostly %20 to %500 (half hour gaps and sometimes almost 10 hr gaps between block,where real mean is 2hr)
also solo ck is sometimes not producing blocks for 2-3 months and sometimes producing each 2-3 days. (luck is %30 to %300)
other pools kano etc are very rare, i dont know mining madness etc.
in my solo mining debugs with rig rentals ,sha256 demo/ debugs and real life examples ->

i have seen worst luck is 1/16 meaning , 10 min avearage block time and biggest distance between blocks are 160 min.
best luck is million X  of %100 luck for some of solo miners (i mean s/he submitterd around 150 m share and reached the target 150 t difficulty)

regarding the scenario at first phragraph , is mining to  a pool when they it has good luck time is better idea ?
or it's just random, according to poisson %64 of blocks mined in 10 mins , are this edge cases just product of poisson's limits?
every time some exceptions appearing , it's diverging back to mean in final. so, is there explaination
philipma1957
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February 19, 2026, 06:25:50 PM
Merited by ABCbits (2), Nexus9090 (2)
 #2


All of the info below is about solo mining

First assumption = proper coding.
Second assumption = proper fast internet connection for the pool.
Third assumption = you have proper connection to the pool.
Fourth assumption = pool operator is honest.
Fifth assumption= your gear has proper chips proper software proper firmware.


If all of the above are true then luck is just luck and the odds are always [ network hashrate/your hashrate ]

All of the above is for solo mining.

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March 04, 2026, 11:53:02 AM
 #3

But the hashrate on solo pools is unstable. It can rise and fall by up to 1000% in a day. This makes it very difficult to build mathematical models based on this. It's like hoping to win at a casino after just recently winning big.
In most cases, luck plays a role on reputable solo pools, which is what attracts many newbies to solo mining. However, if you mine for a long time, solo mining is unprofitable in the long run.

mikeywith
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March 11, 2026, 02:49:15 AM
 #4

You need to understand what variance is specifically, the coefficient of variation. If you look at the entire network as a whole or just imagine there is only one miner in the entire network, that miner is expected to find 144 blocks a day. Now, what is the chance that they find only half the blocks or 72 blocks a day? a simple CDF[Erlang] would give you the result; it's approximately 1 in 11963147 events or 0.00008% or once in 32,800 years. In plain English, that's almost impossible.

Now take a small miner that is expected to find 2 blocks a day; how likely is he expected to find half that, i.e., 1 block only? That's a 39% chance, which in plain English is VERY POSSIBLE.

Long story short, the less a pool is expected to find blocks, the higher the variance they should expect. Obviously variance goes both ways; the small miner with 1 expected block has a 10% chance of hitting double the number, whereas the large miner with 10 expected blocks has only a 0.01 chance of hitting double that.

By the end of the day, it all doesn't matter in the long run; all pools will pay equally - fees.


Below is a simple Python code that you can run and tweak as you like.


Code:
import math
from scipy.stats import gamma

def mining_luck(expected_blocks, actual_blocks):

    luck_percent = (actual_blocks / expected_blocks) * 100
  sigma = (actual_blocks - expected_blocks) / math.sqrt(expected_blocks)

  
    scale = expected_blocks / actual_blocks
    probability = gamma.cdf(actual_blocks, a=actual_blocks, scale=scale)

    print("Expected blocks:", expected_blocks)
    print("Actual blocks:", actual_blocks)
    print(f"Luck: {luck_percent:.2f}%")
    print(f"Sigma deviation: {sigma:.2f}σ")
    print(f"Probability of this or worse: {probability:.8f}")
    print(f"Approx 1 in {1/probability:.0f} events")


# Example
mining_luck(144, 72)

 
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philipma1957
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March 11, 2026, 03:22:56 AM
Last edit: March 11, 2026, 03:34:00 AM by philipma1957
 #5

Most people don't understand how hard it is to hit a block

We are around 1000eh of gear

1000eh = 1,000,000 ph

1,000,000 ph = 1,000,000,000 th

A 1th bitaxe is a billion to one to hit any given block


So 1/1,000,000,000 the next block

Or 144/1,000,000,000 a single block today

Or 1440/1,000,000,000 a block in 10 days

Or 14,400/1,000,000,000 a block in 100 days

Or 144,000/1,000,000,000 a block in 1000 days

Or 1,440,000/1,000,000,000 a block in 10,000 days this is about 29 years

Or 14,400,000/1,000,000,000 a block in 100,000 days this is about 290 years

I froze difficulty and hashrate  to make easy math

So let's talk now one gives a fuck about 290 years time and 1 bitaxe gives about a 1 out of 70 shot to hit in 290 years

So roll back to 29 years a bitaxe is 1 in 700 which is not particularly good but possible.

BTW I am 69 so 69+29=98

 I do not care about 29 year mining future

So if you are say 30 well 30+29 is 59 years old

So if you are 30 and want to hit a solo block by 59

You could mine a s21xp which is 270th and  reduces the 700 to 1 shot to under 3 to 1

So ask your self can you afford to buy a s21xp mine it for 29 years in a row and have about a 38% chance at a block?


I sure as fuck would never mine that way

But yeah 1 bitaxe until I die yeah who  cares it will be under 1000 usd to do that.

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March 11, 2026, 06:10:54 PM
 #6

In 2015, you could buy 3 bitcoins for $1,000. Now, you have to wait 38 years to get 3 bitcoins for $1,000. Now imagine what the price of bitcoin will be in another 10 years.
ethanhunt2023
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Today at 07:20:58 AM
 #7

In 2015, you could buy 3 bitcoins for $1,000. Now, you have to wait 38 years to get 3 bitcoins for $1,000. Now imagine what the price of bitcoin will be in another 10 years.

But in 38 years and 9 halvings the block reward will be 0.00610352 BTC and the hash rate and difficulty will be very high, someone correct me if I'm wrong.

IMHO I think it's best to do DCA.

I think almost all of us regret not paying more attention to bitcoin in the early days, even though we had heard about it since 2010. Many only started investing in 2017, just like I did when it was still $1,000 at the beginning of the year.
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